Acquisitions

12 Months Ended

Dec. 31, 2013

Acquisitions

Acquisitions

4.             Acquisitions

2013

We completed 11 acquisitions within our Residential Services and ResCare HomeCare segments during 2013. Aggregate consideration for these acquisitions was approximately $41.7 million, including $1.1 million of notes issued and $1.2 million related to the net settlement of seller obligations. The operating results of the acquisitions are included in the consolidated financial statements from the dates of acquisition.  Proforma results and other disclosure have not been included as the acquisitions are considered immaterial, individually and in the aggregate.

The aggregate purchase price for these acquisitions was allocated as follows:

Accounts receivable	$	1,076
Property and equipment	1,068
Other intangible assets	19,563
Goodwill	20,077
Prepaid expenses and other current assets	324
Liabilities	(440		)
Aggregate purchase price	$	41,668

The other intangible assets consist primarily of customer relationships, trade names and covenants not to compete, which will all be amortized over two to twenty years. We expect all of the $20.1 million of goodwill will be deductible for tax purposes.

2012

We completed ten acquisitions within our Residential Services and ResCare HomeCare segments during 2012. Aggregate consideration for these acquisitions was approximately $33.1 million, including $2.4 million of notes issued. The operating results of the acquisitions are included in the consolidated financial statements from the dates of acquisition.  Proforma results and other disclosure have not been included as the acquisitions are considered immaterial, individually and in the aggregate.

The aggregate purchase price for these acquisitions was allocated as follows:

Property and equipment	$	415
Other intangible assets	13,065
Goodwill	19,389
Prepaid expenses and other current assets	200
Liabilities	(5		)
Aggregate purchase price	$	33,064

The other intangible assets consist primarily of customer relationships, trade names and covenants not to compete, which will all be amortized over two to twenty years. We expect all of the $19.4 million of goodwill will be deductible for tax purposes.